YoCoin, a decentralized peer-to-peer digital currency has been launched which is based on Scrypt mining algorithm that makes it easy to mine and more accessible than bitcoin.

According to the official release, YoCoin can be mined by anyone with little effort, with the help of a decent graphics card in their computer. YoCoin is actively traded on several exchanges including C-Cex, SafeCex, Alcurex, CoinExchange, Bloombit among others.

Apart from YoCoin Source, YoCoin Web Wallet and YoCoin Paper Wallet, the digital currency also has wallets in Windows, Mac and Linux. 

"We've been working hard on this project for a long time. We look forward to taking YoCoin to the next level and beyond,” Chief Operating Officer of YoCoin, Dave Wilson said.

Seeing itself as a premier internet currency, YoCoin targets the younger crowd, especially millennials and this is the core reason why YoCoin was created in the first place. The cryptocurrency provides once in a lifetime opportunity to help revolutionize the business world and payment systems of today.

YoCoin plans to adopt more such new innovations in the future like mobile wallet for Android users, as well as the issuance of physical YOC coins. These limited edition physical coins can be gifted to friends and family, and they make for great collectibles as well. YoCoin team also plans to bring the cryptocurrency to casino platforms and other merchants.